A number of changes have been made to the Education (Student Loans) (Repayment) Regulations 2000 by amendment regulations that were laid before Parliament on 1 November 2004. Most of the changes relate to the provision of information by the borrower and those take effect from 22 November 2004. The important change affecting employers is the increase in the threshold for the calculation of student loan deductions from £10,000 to £15,000. This takes effect from 6 April 2005. The higher threshold applies to the calculation of all student loans, irrespective of the date on which the liability to repay arose.

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Sources:
www.hmso.gov.uk/si/si2004/20042752.htm